Ghana - Trade Balance 2003
$-1.2B
−$460.0M from 2002
Ghana's trade balance was $-1.2B in 2003, decreased +$460.0M from $-755.8M in 2002. This was the 35th highest globally.
Global Ranking - 2003▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | United States | $-522.0B | -18.7% |
| 2nd | United Kingdom | $-43.9B | -3.4% |
| 3rd | Spain | $-20.0B | -43.1% |
| 4th | Greece | $-20.0B | -43.2% |
| 5th | Mexico | $-10.6B | 12.9% |
| 6th | Portugal | $-10.6B | 3.8% |
| 7th | Australia | $-9.8B | -58,406.9% |
| 8th | Poland | $-6.0B | 15.6% |
| 9th | Romania | $-4.5B | -71.2% |
| 10th | Viet Nam | $-4.3B | -71.6% |
| 11th | India | $-4.2B | 16.1% |
| 12th | Lebanon | $-4.1B | -14.7% |
| 13th | Croatia | $-3.6B | -45.4% |
| 14th | Hungary | $-3.5B | -141.9% |
| 15th | Bosnia and Herzegovina | $-3.3B | -22.9% |
| 16th | Serbia | $-3.3B | -17.1% |
| 17th | Colombia | $-3.2B | 3.0% |
| 18th | Guatemala | $-3.2B | -13.2% |
| 19th | Bangladesh | $-2.9B | -27.1% |
| 20th | Philippines | $-2.6B | 20.2% |
| 21st | El Salvador | $-2.2B | -15.1% |
| 22nd | Iran, Islamic Republic of | $-2.2B | -356.7% |
| 23rd | Bulgaria | $-2.2B | -64.6% |
| 24th | Jordan | $-2.1B | -16.2% |
| 25th | Egypt, Arab Republic of | $-2.1B | 44.0% |
| 26th | West Bank and Gaza | $-2.0B | -14.0% |
| 27th | Israel | $-2.0B | 57.7% |
| 28th | Morocco | $-1.7B | -51.6% |
| 29th | Azerbaijan | $-1.7B | -277.1% |
| 30th | Mozambique | $-1.6B | 10.6% |
| 31st | Czechia | $-1.5B | -39.3% |
| 32nd | Latvia | $-1.5B | -52.3% |
| 33rd | Albania | $-1.4B | -22.7% |
| 34th | Senegal | $-1.3B | -29.4% |
| 35th | Ghana | $-1.2B | -60.9% |
| 36th | Honduras | $-1.2B | -17.5% |
| 37th | Sri Lanka | $-1.1B | -5.8% |
| 38th | Nicaragua | $-1.1B | -3.7% |
| 39th | Lithuania | $-1.1B | -34.3% |
| 40th | Guam | $-1.0B | -14.4% |
| 41st | New Caledonia | $-1.0B | -35.6% |
| 42nd | Haiti | $-946.0M | -23.2% |
| 43rd | Tunisia | $-939.8M | -7.7% |
| 44th | Chad | $-935.7M | 53.6% |
| 45th | Uganda | $-912.6M | -6.6% |
| 46th | Kenya | $-888.1M | -25.6% |
| 47th | Estonia | $-834.6M | -52.9% |
| 48th | Nepal | $-813.3M | -25.0% |
| 49th | North Macedonia | $-779.4M | -2.4% |
| 50th | Belarus | $-682.6M | -24.8% |
| 51st | Moldova | $-662.2M | -60.0% |
| 52nd | Georgia | $-587.6M | -31.4% |
| 53rd | Cambodia | $-586.3M | -31.7% |
| 54th | Burkina Faso | $-565.4M | -14.9% |
| 55th | Congo, Democratic Republic of | $-539.0M | -404.8% |
| 56th | Zambia | $-536.5M | -20.1% |
| 57th | Armenia | $-535.7M | -23.1% |
| 58th | Timor-Leste | $-532.5M | 31.2% |
| 59th | Eritrea | $-531.9M | -37.5% |
| 60th | Namibia | $-448.0M | -543.9% |
| 61st | Madagascar | $-423.3M | -20.7% |
| 62nd | Sudan | $-413.3M | 18.8% |
| 63rd | Sierra Leone | $-391.6M | 6.2% |
| 64th | Pakistan | $-360.6M | 38.9% |
| 65th | Mauritania | $-350.1M | -172.2% |
| 66th | Costa Rica | $-342.7M | -5.2% |
| 67th | Iceland | $-337.7M | -326.7% |
| 68th | Zimbabwe | $-324.3M | -62.7% |
| 69th | Mali | $-319.2M | -478.2% |
| 70th | Rwanda | $-294.2M | 1.9% |
| 71st | Cabo Verde | $-293.1M | -31.2% |
| 72nd | Montenegro | $-279.7M | 11.2% |
| 73rd | Lao PDR | $-274.6M | -60.2% |
| 74th | Togo | $-266.9M | -26.8% |
| 75th | Mongolia | $-248.8M | -4.4% |
| 76th | Cuba | $-245.3M | 56.4% |
| 77th | Niger | $-232.0M | -19.2% |
| 78th | Benin | $-231.5M | -27.9% |
| 79th | Faroe Islands | $-221.0M | -3,396.3% |
| 80th | Cameroon | $-218.7M | 29.8% |
| 81st | Slovak Republic | $-208.3M | 90.8% |
| 82nd | Malta | $-198.4M | -277.3% |
| 83rd | Greenland | $-182.5M | - |
| 84th | Yemen, Republic of | $-177.2M | -127.6% |
| 85th | Bhutan | $-157.4M | -15.1% |
| 86th | Tajikistan | $-152.5M | 4.4% |
| 87th | Aruba | $-149.9M | -86.2% |
| 88th | Micronesia, Federated States of | $-141.0M | -8.5% |
| 89th | Panama | $-136.1M | -190.2% |
| 90th | Kyrgyz Republic | $-126.1M | -109.0% |
| 91st | Comoros | $-98.9M | -28.0% |
| 92nd | Slovenia | $-94.1M | -140.4% |
| 93rd | Guinea-Bissau | $-78.4M | -0.2% |
| 94th | Marshall Islands | $-74.2M | -18.0% |
| 95th | Guyana | $-72.9M | 17.2% |
| 96th | Tonga | $-69.7M | -2.1% |
| 97th | Kiribati | $-68.5M | -4.7% |
| 98th | Belize | $-68.4M | 5.8% |
| 99th | Bolivia, Plurinational State of | $-61.9M | 87.1% |
| 100th | American Samoa | $-61.0M | -38.6% |
| 101st | Solomon Islands | $-49.9M | -588.0% |
| 102nd | Samoa | $-46.9M | 14.8% |
| 103rd | Tanzania | $-39.9M | -126.6% |
| 104th | Gambia, The | $-32.5M | -5.5% |
| 105th | Dominican Republic | $-30.7M | 98.4% |
| 106th | Vanuatu | $-15.8M | 15.1% |
| 107th | Central African Republic | $2.8M | 106.6% |
| 108th | Guinea | $26.6M | 136.2% |
| 109th | Seychelles | $46.6M | 276.0% |
| 110th | Bahamas, The | $49.4M | -73.2% |
| 111th | Türkiye | $66.8M | -98.9% |
| 112th | Mauritius | $110.3M | -32.9% |
| 113th | Turkmenistan | $120.2M | -62.1% |
| 114th | Iraq | $120.8M | -98.3% |
| 115th | Congo, Republic of | $166.9M | -80.1% |
| 116th | Cyprus | $221.1M | 65.5% |
| 117th | Peru | $237.7M | 162.0% |
| 118th | Northern Mariana Islands | $344.0M | -11.1% |
| 119th | Uruguay | $374.1M | 126.4% |
| 120th | Ecuador | $410.6M | 145.1% |
| 121st | Virgin Islands (US) | $543.0M | 42.5% |
| 122nd | Papua New Guinea | $544.1M | 522.9% |
| 123rd | Uzbekistan | $609.7M | 118.0% |
| 124th | Syrian Arab Republic | $626.2M | -61.5% |
| 125th | Botswana | $887.8M | 30.8% |
| 126th | Côte d'Ivoire | $897.2M | -27.1% |
| 127th | Angola | $904.9M | -38.0% |
| 128th | Paraguay | $1.0B | -9.3% |
| 129th | Ukraine | $1.3B | -30.4% |
| 130th | Gabon | $1.5B | 40.5% |
| 131st | New Zealand | $1.6B | -23.1% |
| 132nd | Kazakhstan | $1.7B | 13,435.5% |
| 133rd | Bahrain | $1.8B | 33.3% |
| 134th | Brunei Darussalam | $2.0B | 56.3% |
| 135th | Macao SAR, China | $2.9B | 14.5% |
| 136th | Chile | $3.4B | 137.4% |
| 137th | Oman | $3.7B | -14.0% |
| 138th | South Africa | $4.2B | -5.3% |
| 139th | Luxembourg | $6.1B | 18.0% |
| 140th | Libya | $6.3B | 188.5% |
| 141st | Italy | $7.2B | -25.6% |
| 142nd | Austria | $7.2B | -8.7% |
| 143rd | Qatar | $7.8B | 25.4% |
| 144th | Kuwait | $8.4B | 176.4% |
| 145th | Thailand | $9.7B | 13.9% |
| 146th | Algeria | $10.0B | 67.4% |
| 147th | Korea | $10.7B | 53.6% |
| 148th | Finland | $11.3B | -10.2% |
| 149th | United Arab Emirates | $11.9B | 82.1% |
| 150th | Brazil | $12.4B | 188.6% |
| 151st | Argentina | $14.3B | -2.4% |
| 152nd | Hong Kong SAR, China | $14.7B | 8.2% |
| 153rd | Denmark | $14.8B | 21.1% |
| 154th | Belgium | $17.0B | 18.2% |
| 155th | Indonesia | $17.2B | 39.9% |
| 156th | Sweden | $17.9B | 27.5% |
| 157th | Switzerland | $18.5B | 12.0% |
| 158th | Puerto Rico (US) | $21.4B | 17.8% |
| 159th | Malaysia | $21.7B | 24.7% |
| 160th | Ireland | $24.9B | 12.9% |
| 161st | Singapore | $27.3B | 60.1% |
| 162nd | Norway | $29.9B | 13.6% |
| 163rd | France | $30.7B | -11.6% |
| 164th | Canada | $34.9B | 3.9% |
| 165th | China | $35.8B | -4.2% |
| 166th | Netherlands | $41.8B | 17.8% |
| 167th | Saudi Arabia | $47.2B | 43.9% |
| 168th | Russian Federation | $48.9B | 31.4% |
| 169th | Japan | $72.6B | 37.3% |
| 170th | Germany | $91.8B | 7.8% |
FAQ
What was Ghana's trade balance in 2003?▾
Ghana's trade balance in 2003 was $-1.2B. This ranked 35th globally.
How did Ghana's trade balance change in 2003?▾
Ghana's trade balance decreased by 60.9% in 2003 compared to 2002.
Which country had the highest trade balance in 2003?▾
Germany had the highest trade balance in 2003 at $91.8B.
What is the trade balance of Ghana in 2003?▾
The trade balance of Ghana in 2003 was $-1.2B. This ranked 35th globally.
How does 2003 compare to 2002 for Ghana's trade balance?▾
Ghana's trade balance went from $-755.8M in 2002 to $-1.2B in 2003, a 60.9% decrease.
HistorySaid - pattern alert
Ghana matched the Export Boom Cycle pattern in 2003. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 5.9%. View full analysis →
Related
2002
2004
All years
Full ranking 2003
Exports
Imports
Current Account Balance
FDI Inflows
FDI Outflows
Peak: 2025
Lowest: 2013
Trade Balance 1990s
Trade Balance 2000s
Trade Balance 2010s
Trade Balance 2020s
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Lowest ever
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vs Egypt, Arab Republic of
vs Vanuatu
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vs Côte d'Ivoire
African Union Trade Balance
Global Ranking